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General Dynamics buys the Swiss airline Jet Aviation

Washington , USA - A 2.25 billion dollars manoeuvre

General Dynamics Corp. said today it will buy Jet Aviation for about 2.25 billion dollars in cash, part of the defense contractor's push to expand its private civilian jet business and tap into robust demand for luxury planes overseas. With the purchase, General Dynamic's Gulfstream business jet unit adds a worldwide network of aircraft maintenance and service centers where wealthy individuals and...

fra/pec - 1093386

AVIONEWS - World Aeronautical Press Agency
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